Juzer GabajiwalaInvestors always give a lot of weight to the past performance of returns. In fact, most decisions are always made on the basis of returns.In the case of mutual funds, it is not that you need to ignore the returns as that is ultimately the performance parameter of the fund manager. While selecting a scheme for investment or while deciding whether to continue with a current investment, a fund’s performance track record does play a critical role and returns usually take precedence over other important factors that are considered while investing.Close However, given the changes recently introduced by SEBI with regard to categorisation of schemes, this parameter would not be an appropriate tool at present.Juzer GabajiwalaDirector|Ventura Securities Take the SIP route for equity mutual funds amid volatility, keep 3-5 yrs horizonHow tax is calculated on debt mutual fund investmentsInternational funds: Key to achieving geographical diversificationIn order to enable … [Read more...] about Picking the best mutual fund: Are past returns relevant after re-categorisation?
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The best part of director Leah Wolchok’s documentary Very Semi-Serious: A Partially Thorough Portrait of New Yorker Cartoonists—aside from cartoonist Roz Chast’s hilarious explanation on why she spends most of her time indoors—is observing Bob Mankoff, the cartoon editor of the New Yorker, meeting artists in person and assessing their work. advertisement advertisement As we see in the film debuting on HBO December 14, Mankoff regularly welcomes well-known artists like Mort Gerberg, who has had 262 cartoons published in the New Yorker, into his office, but he also sits down with cartoonists who have yet to establish themselves—a rare gift given how difficult it is for creative people just starting out to get face time with the gatekeepers at magazines and other potential outlets. “Anybody can come and see me. I want them to come see me,” Mankoff tells Co.Create, noting the in-person sessions give him the opportunity to nurture talent. … [Read more...] about A New Doc Reveals How Cartoonists Get Their Work In “The New Yorker”
In 2017, Nike’s Pro Hijab first became available on the global market. The moisture-wicking head covering made sports more comfortable and accessible for competitive female Muslim athletes, a group long overlooked by major athletic wear brands. The winner of Fast Company‘s top design award that year, it has gone on to be a hit: According to Morocco World News, sales of the design rose 125% in the first quarter of 2019. advertisement advertisement Now, Nike is releasing yet another garment for Muslim women: a modesty swimsuit. Technically the suit is made up of separate pieces: a hijab, a tunic, and pants. “We really love to design products for athletes [especially] when we see an underutilized part of the market, or when people can’t participate in the area they want to participate in,” says Martha Moore, creative director vice president at Nike, via Skype call. “We were fortunate enough to travel to southeast Asia, and do that thing … [Read more...] about Nike debuts a groundbreaking new modesty swimsuit
Designer Katie Deedy vividly remembers the moment her parents took her to pick out her own wallpaper design. Flipping through traditional polka dot and floral patterns, she settled on a graphic Mickey Mouse print in black and white. advertisement advertisement “I thought it was the coolest wallpaper ever,” she says. “Everything else looked the same … the most exciting thing was Mickey.” It was a distinct purchase, but one that would foreshadow her career two decades later. Today, Deedy runs a successful independent wallpaper brand called Grow House Grow. The Brooklyn-based company caters to tastes resembling that of the young Deedy: modern, unexpected, with a touch of whimsy. Among their many options, you’ll find monkeys in red vintage bathing suits, colorful Japanese paper lanterns, or strong narrative-inspired designs—like their collection honoring forgotten female scientists in history. That one is a bestseller. “I try to … [Read more...] about Wallpapers Gone Wild: Innovative Startups Have Made The ’70s Decor Staple Cool Again
In the hierarchy of things New York City residents kvetch about, housing ranks near the top. A dearth of affordable apartments has the city in a stranglehold and there’s seemingly no end to escalating rents. (Good luck finding a studio in Manhattan for less than $2,300 per month, the average going rate in the borough.) To tackle this problem, former mayor Michael Bloomberg staged a competition in 2012 to design a micro-units development. In just three years, the experimental buildings have hit the market. But is it enough to alleviate the affordable housing crisis? Short answer: it opens the conversation about retooling the city’s supply of apartments, but it’s not exactly a panacea for NYC’s housing headaches. advertisement advertisement Designed by the Brooklyn-based firm nArchitects, Carmel Place (formerly known as MyMicro) is located in Kips Bay, a neighborhood on Manhattan’s east side, familiar to many as “The place where that movie … [Read more...] about Micro Apartments: Utopia or Dystopia?